Exactly is a decentralized, self-custodial, open-source protocol for depositing and borrowing crypto assets at variable and fixed interest rates.
Onchain (OP and Base)
Joined June 2021
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- Following73
- Followers12.2K
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New EXAIP-34: Enable @coinbase Tokenized Stocks as Collateral on Exactly Protocol (@base). Voting starts tomorrow 🗳️
snapshot.org/#/s:gov.exa.eth…
Exactly retweeted
Maybe don’t fade @Exa_App and the underlying protocol @ExactlyProtocol.
Quite a growth in TVL and active loan under the hood due to this on the @base instance
wARS approved ✅
Implementation 🔜
Exactly Protocol: [EXAIP-33] Add wARS (ARS stablecoin) as a Non-Collateralizable Market on Base snapshot.box/#/s:gov.exa.eth…
Exactly retweeted
@ExactlyProtocol is voting in its Gov subspace to list $wARS, a stablecoin pegged 1:1 to the Argentine peso, as a new lending market on Base that users can deposit and borrow but never post as collateral.
wARS is issued through a Ripio subsidiary. @RipioApp and the EXA Team propose it for @Exa_App's Argentina and Latam users: fixed-rate peso credit "otherwise scarce and expensive in the traditional system," letting them borrow pesos locally without touching crypto or USD holdings. wBRL and wMXN could follow.
Since wARS never backs debt, a peg deviation "cannot create bad debt through the collateral side of the protocol" - though Ripio controls minting, burning, and pausing, and attestations "mitigate but do not eliminate this."
@chainlink prices the market; @ABDKconsulting audited the non-collateral code, new to the protocol. One voter called it "Expansion outside of traditional assets."
11 wallets have cast 499,355 EXA so far: 100.0% For, clearing the 100,000 EXA quorum at 499.4%.
Voting closes September 25th at 6:13am UTC.
Proposal: snapshot.box/#/s:gov.exa.eth…
We know something about fixed-rate loans ...
This is actually the approach by @ExactlyProtocol which enable fixed rate lending for quite some time now.
Exactly retweeted
Interesting proposal on an often overlooked lending protocol:
@ExactlyProtocol has a proposal to add wARS, a Argentinian pesos pegged stablecoin, on @base instance.
This would likely unlock specific latam useful use case, for people that want to keep their USD or crypto collateral and borrow against it in the local currency to spend in day to day.
This will flow through @Exa_App likely.
Exactly propose fixed rate lending/borrowing via an interesting and overlooked mechanism.
base:0x1e925de1c68ef83bd98ee3e130ef14a50309c01b might be poised to increase if the card and those specific market take off.
The exa card on base has good numbers based on the dune dashboard.
A repricing coming ?
Note that I own some EXA and thus I am biased.
Exactly Protocol: [EXAIP-33] Add wARS (ARS stablecoin) as a Non-Collateralizable Market on Base snapshot.box/#/s:gov.exa.eth…
🗳️ Voting is now live on [EXAIP-33] Add wARS (ARS stablecoin issued by @RipioApp) as a Non-Collateralizable Market on @base.
Exactly Protocol: [EXAIP-33] Add wARS (ARS stablecoin) as a Non-Collateralizable Market on Base snapshot.box/#/s:gov.exa.eth…
New EXAIP for wARS, voting starts tomorrow 🗳️
Exactly Protocol: [EXAIP-33] Add wARS (ARS stablecoin) as a Non-Collateralizable Market on Base snapshot.box/#/s:gov.exa.eth…
Exactly retweeted
fyi: @ExactlyProtocol is now live on the Based credit dashboard.
+$7.4M supplied, +$1.2M loaned across four base markets (USDC, cbXRP, cbBTC, WETH). nearly all of the borrowing is Exa card "pay later" installments against the USDC pool: 78% utilization, 7.5% borrow / 4.6% lend cc @UpholdInc @PaulWavelength
dune.com/paigeisonfire/based…
Exactly Protocol on Base
fyi: @ExactlyProtocol is now live on the Based credit dashboard.
+$7.4M supplied, +$1.2M loaned across four base markets (USDC, cbXRP, cbBTC, WETH). nearly all of the borrowing is Exa card "pay later" installments against the USDC pool: 78% utilization, 7.5% borrow / 4.6% lend cc @UpholdInc @PaulWavelength
dune.com/paigeisonfire/based…
The EXA token is now easily bridgeable from Optimism to Base (EXAIP-30), and powered by @hyperlane:
bridge.exact.ly/
Exactly retweeted
Uphold 🤝 @ExactlyProtocol
Uphold’s @PaulWavelength and Exactly Protocol founder @GabrielGruber break down everything you need to know about our latest launch Exa Borrow.
Set a reminder 👇
xitter.cf/i/spaces/1lKQRRDkEddGE
Exactly retweeted
Powered by @ExactlyProtocol + @Exa_App
Hold your XRP. Unlock your spending power 💳
Uphold’s U.S. President Nancy Beaton breaks down how the Exa Credit Card, powered by @ExactlyProtocol, lets you put your $XRP up as collateral and choose a payment plan that works for you.
Watch full breakdown ↓
Now available in select U.S states. Powered by Exactly Protocol. See terms for rate, payment and other details. Crypto-assets are highly volatile and involve risk.
Texas 🤠
Texas, the Exa Credit Card has arrived 🤠
Turn your stack into real-world spending power without giving up your market exposure 💳
◾ Access instant credit with XRP, BTC, ETH, USDC
◾ Accepted at 150M Visa merchants
◾ Flexible payment plans
Explore the Exa Credit Card, powered by @ExactlyProtocol in the Uphold App 📲
Available in select U.S. states. Powered by Exactly Protocol. See terms for rate, payment, and other details. Crypto assets are volatile and high-risk.
Uphold 🤝 Exactly Protocol
Unlock instant liquidity while keeping your crypto positions intact 📲
Deposit BTC, ETH, XRP, or USDC to get cash or USDC deposited directly into your Uphold account via @ExactlyProtocol.
No credit checks. No waiting. Full flexibility to repay or defer on your terms.
Loans from Exactly Protocol. Deferring payments may result in higher total payments. Late payments accrue default interest.